could only realize the total sales volume from methyl ester plant 1 because methyl ester plant 2 is under testing run for commercial operation. (3) In 4Q2018, GGC had sales volume from methyl ester plant
% (commissioning process) and will commercially run in 2nd quarter of 2019, which is expected to improve the Company's gross profit margin ability and reduce Biodiesel’s production costs. In addition, with the
which started to commercialize in July 2017 and December 2017, respectively, as well as capacity expansion of bottling capacities which started the commercial run in March 2018, resulting in realization
canning and amber glass bottle facilities which started to commercialize in July 2017 and December 2017, respectively, as well as capacity expansion of bottling capacities which started the commercial run
could not be recorded in profit/loss statement because methyl ester plant 2 was under testing run for commercial operation. While, Methyl ester price increased following an increase in crude palm oil
financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years, with 1,200,000 users and
. Criteria to determine the value of consideration The Company appointed the Sims Property Consultant Co., Ltd. (the “Sims”), the independent valuer, to verify financial status and evaluate the assets of Hero
60.00 80.00 100.00 120.00 (2.00) 0.00 2.00 4.00 6.00 8.00 10.00 12.00 Q1/2017 Q4/2017 Q1/2018 Market GRM GRM Hedging Inventory Gain(Loss) Crude run (KBD) 7.96 FO/DB crack spread dipped by 1.93 $/BBL
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround